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Brand A D C --0 P G H 1 3 10. 0140 H₂A₁D data on Weight H₂O ONA 20 H₂ P₁ <0 H₁₁0 16.1 14.9 15.9 6.200 17.2 4,000 13.1 8,600 16.2 weight (pounds) and y- price ($) for 10 road-racing bikes Price (5) 2,100 6,250 8,370 17.1 17.6 14.1 6,000 nese data provided the estimated regression equation 9-28,503-1,434x. For these data, 55E-6,833,947.38 and 55T-51,535,800. Use the F test to determine whether the weight for a bike and the price are related at the 0.05 level of significance. ate the null and alternative hypotheses 83420 2,600 3,400 8,000

Brand A D C --0 P G H 1 3 10. 0140 H₂A₁D data on Weight H₂O ONA 20 H₂ P₁ <0 H₁₁0 16.1 14.9 15.9 6.200 17.2 4,000 13.1 8,600 16.2 weight (pounds) and y- price ($) for 10 road-racing bikes Price (5) 2,100 6,250 8,370 17.1 17.6 14.1 6,000 nese data provided the estimated regression equation 9-28,503-1,434x. For these data, 55E-6,833,947.38 and 55T-51,535,800. Use the F test to determine whether the weight for a bike and the price are related at the 0.05 level of significance. ate the null and alternative hypotheses 83420 2,600 3,400 8,000

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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Consider the following data on x weight (pounds) and y price ($) for 10 road-racing bikes Weight Price (5) 17.8 Brand A B C D E F G H 1 3 ON ₁0 M₂0 OH ₁20 H₂ P₁0 01640 H₂A₁D ⒸH₂ PO Hoo-o 16.1 14,9 15.9 17.2 13.1 16.2 17.1 17.6 14.1 2,100 6,250 8,370 6,200 4,000 81,600 6,000 These data provided the estimated regression equation 9-28,503-1,434x. For these data, SSE-6,833,947.38 and SST-51,535,800. Use the F test to determine whether the weight for a bike and the price are related at the 0.05 level of significance. 3,400 State the null and alternative hypotheses. 78100 HO 8,000
Transcribed Image Text:Consider the following data on x weight (pounds) and y price ($) for 10 road-racing bikes Weight Price (5) 17.8 Brand A B C D E F G H 1 3 ON ₁0 M₂0 OH ₁20 H₂ P₁0 01640 H₂A₁D ⒸH₂ PO Hoo-o 16.1 14,9 15.9 17.2 13.1 16.2 17.1 17.6 14.1 2,100 6,250 8,370 6,200 4,000 81,600 6,000 These data provided the estimated regression equation 9-28,503-1,434x. For these data, SSE-6,833,947.38 and SST-51,535,800. Use the F test to determine whether the weight for a bike and the price are related at the 0.05 level of significance. 3,400 State the null and alternative hypotheses. 78100 HO 8,000
Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value= State your conclusion. Reject Ho. We conclude that the relationship between weight (pounds) and price ($) is significant. Do not reject Ho. We cannot conclude that the relationship between weight (pounds) and price ($) is significant.. Do not reject Ho. We conclude that the relationship between weight (pounds) and price ($) is significant. Reject Ho. We cannot conclude that the relationship between weight (pounds) and price ($) is significant.
Transcribed Image Text:Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value= State your conclusion. Reject Ho. We conclude that the relationship between weight (pounds) and price ($) is significant. Do not reject Ho. We cannot conclude that the relationship between weight (pounds) and price ($) is significant.. Do not reject Ho. We conclude that the relationship between weight (pounds) and price ($) is significant. Reject Ho. We cannot conclude that the relationship between weight (pounds) and price ($) is significant.
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